First Eagle Investment Management LLC Buys 36,800 Shares of The Cheesecake Factory Incorporated $CAKE

Posted by Brenda Bartman on May 14th, 2026

First Eagle Investment Management LLC increased its position in The Cheesecake Factory Incorporated (NASDAQ:CAKE – Free Report) by 38.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 131,591 shares of the restaurant operator’s stock after purchasing an additional 36,800 shares during the period. First Eagle Investment Management LLC’s holdings in Cheesecake Factory were worth $6,643,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Salomon & Ludwin LLC increased its stake in Cheesecake Factory by 226.5% during the 4th quarter. Salomon & Ludwin LLC now owns 604 shares of the restaurant operator’s stock valued at $33,000 after purchasing an additional 419 shares in the last quarter. Quarry LP lifted its stake in shares of Cheesecake Factory by 3,343.8% in the third quarter. Quarry LP now owns 1,102 shares of the restaurant operator’s stock worth $60,000 after buying an additional 1,070 shares in the last quarter. Allworth Financial LP lifted its stake in shares of Cheesecake Factory by 170.7% in the third quarter. Allworth Financial LP now owns 1,164 shares of the restaurant operator’s stock worth $64,000 after buying an additional 734 shares in the last quarter. CWM LLC grew its holdings in shares of Cheesecake Factory by 36.7% during the third quarter. CWM LLC now owns 1,357 shares of the restaurant operator’s stock valued at $74,000 after buying an additional 364 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Cheesecake Factory by 32.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,333 shares of the restaurant operator’s stock valued at $83,000 after acquiring an additional 323 shares in the last quarter. 94.48% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Cheesecake Factory

In other Cheesecake Factory news, CFO Matthew Eliot Clark sold 7,000 shares of Cheesecake Factory stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $65.70, for a total transaction of $459,900.00. Following the transaction, the chief financial officer owned 44,090 shares of the company’s stock, valued at $2,896,713. The trade was a 13.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman David Overton sold 104,000 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $61.02, for a total transaction of $6,346,080.00. Following the completion of the transaction, the chairman owned 3,079,779 shares of the company’s stock, valued at approximately $187,928,114.58. The trade was a 3.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 124,582 shares of company stock valued at $7,684,016. 8.00% of the stock is currently owned by company insiders.

Cheesecake Factory Stock Performance

NASDAQ:CAKE opened at $56.53 on Thursday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.53 and a current ratio of 0.59. The stock has a 50-day simple moving average of $59.43 and a two-hundred day simple moving average of $55.85. The firm has a market capitalization of $2.81 billion, a PE ratio of 16.53, a P/E/G ratio of 1.45 and a beta of 1.04. The Cheesecake Factory Incorporated has a 52-week low of $43.07 and a 52-week high of $69.70.

Cheesecake Factory (NASDAQ:CAKE – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $1.05 EPS for the quarter, topping the consensus estimate of $1.03 by $0.02. Cheesecake Factory had a return on equity of 43.74% and a net margin of 4.34%.The firm had revenue of $978.83 million for the quarter, compared to the consensus estimate of $964.57 million. During the same quarter last year, the company earned $0.93 earnings per share. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. Analysts forecast that The Cheesecake Factory Incorporated will post 4.03 EPS for the current year.

Cheesecake Factory Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Wednesday, May 13th will be paid a dividend of $0.30 per share. The ex-dividend date is Wednesday, May 13th. This represents a $1.20 dividend on an annualized basis and a yield of 2.1%. Cheesecake Factory’s dividend payout ratio (DPR) is presently 35.09%.

Analyst Upgrades and Downgrades

CAKE has been the topic of several recent analyst reports. Stephens increased their target price on Cheesecake Factory from $61.00 to $65.00 and gave the company an “equal weight” rating in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $68.00 price objective on shares of Cheesecake Factory in a report on Thursday, April 30th. UBS Group set a $53.00 target price on shares of Cheesecake Factory and gave the company a “sell” rating in a research note on Friday, February 20th. Morgan Stanley raised their price target on shares of Cheesecake Factory from $49.00 to $50.00 and gave the company an “underweight” rating in a report on Tuesday, January 20th. Finally, Oppenheimer lifted their price target on shares of Cheesecake Factory from $68.00 to $72.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 21st. Six research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Cheesecake Factory presently has a consensus rating of “Hold” and a consensus target price of $64.00.

Read Our Latest Stock Analysis on Cheesecake Factory

Cheesecake Factory Company Profile

(Free Report)

The Cheesecake Factory Incorporated (NASDAQ:CAKE) is an American restaurant company and distributor renowned for its full-service casual-dining concept and specialty cheesecakes. Headquartered in Calabasas Hills, California, the company operates more than 200 restaurants under The Cheesecake Factory® brand across the United States, Puerto Rico and select international markets. In addition to sit-down dining, Cheesecake Factory franchised locations offer catering and take-out services, while a separate manufacturing arm supplies branded cheesecakes and desserts to supermarkets, hotels and other foodservice operators.

The origins of the brand trace back to a small cheesecake bakery founded in Detroit in the 1940s.